Benchmark Computer Solutions Limited IPO
- IPO Date14 Dec, 2023 to 18 Dec, 2023
- Listing Date21 Dec, 2023
- Face Value₹10 per share
- Issue Price₹66 to ₹66 per share
- Lot Size2000 Shares
- Minimum Investment₹1,32,000
- Listing AtBSE SME
- Total Issue Size18,54,000 Shares
(aggregating up to ₹12.24 Cr) - Fresh Issue18,54,000 Shares
(aggregating up to ₹12.24 Cr)
- Offer for Sale-
- Issue TypeFixed Price Issue IPO
- Share holding pre issue50,10,000
- Shareholding post issue68,64,000
IPO Dates
Closing Date
18 Dec, 2023
Initiation of Refunds
20 Dec, 2023
Listing Date
21 Dec, 2023
14 Dec, 2023
Opening Date
19 Dec, 2023
Basis of Allotment
20 Dec, 2023
Credit of Shares
Benchmark Computer Solutions Limited Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 1 | 2000 | ₹1,32,000 |
| HNI (Min) | 2 | 4000 | ₹2,64,000 |
| Retail (Min) | 1 | 2000 | ₹1,32,000 |
Benchmark Computer Solutions Limited Promoter Holding
The Promoters of the company are Mr. Dhananjay Vrindawan Wakode and Mr. Hemant Muddanna Sanil
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 99% | 72.27% |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 17.08% |
| ROCE | 18.88% |
| RoNW | 15.73% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 16.3 | 4.05 |
| P/E (x) | 16.3 | 4.05 |
Benchmark Computer Solutions Limited COMPANY INFORMATION
Benchmark Computer Solutions IPO is a fixed price issue of Rs 12.24 crores. The issue is entirely a fresh issue of 18.54 lakh shares. Benchmark Computer Solutions IPO opens for subscription on December 14, 2023 and closes on December 18, 2023. The allotment for the Benchmark Computer Solutions IPO is expected to be finalized on Tuesday, December 19, 2023. Benchmark Computer Solutions IPO will list on BSE SME with tentative listing date fixed as Thursday, December 21, 2023. Benchmark Computer Solutions IPO price is ₹66 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹264,000. Beeline Capital Advisors Pvt Ltd is the book running lead manager of the Benchmark Computer Solutions IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Benchmark Computer Solutions IPO is Spread X Securities. Refer to Benchmark Computer Solutions IPO RHP for detailed information.
Incorporated in October 2002, Benchmark Computer Solutions Limited is a technology consulting and software development company specializing in IT infrastructure solutions.
The company provides IT infrastructure solutions, software and web-based application development services, annual maintenance contracts (AMC) and facility management services (FMS).
The company's core business is divided into three segments:-
- IT infrastructure solutions
- Software and web-based application development
- Annual Maintenance Contract (AMC) and Facility Management Services (FMS)
Benchmark provides end-to-end technology-related services, including IT infrastructure and software development services. The company provides service models such as IaaS (Infrastructure as a Service) and SaaS (Software as a Service). The company has partnerships with various OEMs, including HP (via the HP Amplify Membership Program), SafeAeon (SafeAeon Partner Ecosystem Program), Veeam, Vertiv, Lenovo, Konica Minolta Business Solutions and Dell Technologies.
Benchmark Computer Solutions recorded total income from operations of Rs. 1,297.65 lacs, Rs. 3,194.69 lacs and Rs. 1,864.32 lacs for the period ended September 30, 2023 and for the financial years 2022-23 and 2021-22, respectively.
FAQs About Benchmark Computer Solutions Limited Ipo
Benchmark Computer Solutions Limited IPO will open on 14 Dec, 2023 and close on 18 Dec, 2023. Investors must apply within this period to participate.
The Benchmark Computer Solutions Limited IPO price band is set between ₹66.00 and ₹66.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹132000.00.
The Benchmark Computer Solutions Limited IPO shares are expected to be listed on 21 Dec, 2023, subject to regulatory approvals and final allotment.
You can track your Benchmark Computer Solutions Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Benchmark Computer Solutions Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.